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Somaliland, an unrecognized country in the Horn of Africa, has built a growing and resilient economy over the past three decades. Much of this progress is the result of the private sector, which accounts for 90 percent of the economy. However, the sector is narrowly based and faces many Constraints. This publication outlines a comprehensive strategy to develop Somaliland's private sector to encourage sustained economic growth and economic transformation It Identifies the key constraints to private sector development and proposes measures to effectively address them. It also notes emerging…mehr

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Produktbeschreibung
Somaliland, an unrecognized country in the Horn of Africa, has built a growing and resilient economy over the past three decades. Much of this progress is the result of the private sector, which accounts for 90 percent of the economy. However, the sector is narrowly based and faces many Constraints. This publication outlines a comprehensive strategy to develop Somaliland's private sector to encourage sustained economic growth and economic transformation It Identifies the key constraints to private sector development and proposes measures to effectively address them. It also notes emerging investment opportunities and recommends measures to support interested investors and strengthen public-private collaboration. Opportunities abound in Somaliland, from the recently modernized Berbera Port and associated facilities, including Berbera airport which has one of the longest runway in Africa, to the significant fishery potential along the country's long coastline, and considerable but as of yet undeveloped mineral and hydrocarbon resources, The proposed strategy can serve as an example for other fragile post-conflict economies as well as other similar and similarly placed developing countries aiming to climb the development ladder through development of their private sectors.

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Autorenporträt
Dr. Osman Ahmed, is a former official of the World Bank, the International Finance Corporation (IFC), and the Islamic Development Bank. He has worked in both the public and private sectors in the United States and the Middle East, including Saudi Arabia's Public Investment Fund (PIF) and with a number of consulting firms in the United States. Dr. Ahmed has also taught economics at several U.S. universities, including American University in Washington D.C., North Carolina Central University, and Elon University. Most recently, he was senior manager of policy and strategy at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia. Presently, he is principal eonomic adviser to the President of Somaliland. Dr. has written extensively on economic and social development issues.